This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance During the Recent Financial Crisis
NBER Working Paper No. 17038
---- Acknowledgements -----
We thank Amit Goyal, Jun-Koo Kang, Christian Laux, Roger Loh, Angie Low, Ulrike Malmendier, Ron Masulis, Erwan Morellec, Lasse Pedersen, Jeremy Stein, Neal Stoughton, Rossen Valkanov, Mitch Warachka, Josef Zechner, and seminar participants at Ecole Polytechnique Fédérale de Lausanne, Nanyang Technological University, Singapore Management University, University of New South Wales, University of Queensland, University of Sydney, University of Technology, Sydney, and Wirtschaftsuniversität Wien for helpful comments and suggestions. Fahlenbrach gratefully acknowledges financial support from the Swiss Finance Institute and the Swiss National Centre of Competence in Research on “Financial Valuation and Risk Management.” Part of this research was carried out while Fahlenbrach was visiting researcher at the University of New South Wales. Address correspondence to René M. Stulz, Fisher College of Business, The Ohio State University, 806 Fisher Hall, Columbus, OH 43210, firstname.lastname@example.org. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.